Transaction Details

Free Owner's Title Insurance when you use the seller designated title company. A title policy helps ensure the property is free and clear of liens and provides protection against certain defects in title.

A Buyer's Premium equal to $2000 will be added to all Winning Bid Amounts to determine the Total Purchase Price.

If you are the Winning Bidder, an Earnest Money Deposit of 1% of the total purchase price or $1,000 (whichever is greater) is required.

Buyer will be offered a Special Warranty Deed or Equivalent.

Property is being offered as is, where is.

Title fees typically cost between $500 and $1500 and are based on the purchase price. Escrow fees typically range between $850 to $1,375. These fees may vary based on the location of the property. These fees shall be paid in accordance with the applicable purchase sale agreement.

Bank of America, N.A. associates, household members and business partners are prohibited from purchasing REO properties, either owned or serviced by the Bank, whether directly or indirectly.

Until the seller's reserve price is met, Auction.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller's reserve price is met. Learn more about reserve pricing.